When a Confound Exists

question 16

Multiple Choice

When a confound exists,

• A)it means that the researcher failed to include a control group in the study
• B)it is the confounding factor, not the independent variable, which causes the behavior to occur
• C)there will be at least two different ways of interpreting the results
• D)it simply means that the dependent variable hasn't been defined precisely enough

---

Definitions:

Price-Inelastic

Describes a situation where the demand for a good or service is relatively unresponsive to changes in its price.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers over a given period.

Price-Elasticity Coefficients

Numerical values that measure the responsiveness of quantity demanded or supplied to a change in price; they help in assessing how price changes impact demand or supply levels.

Demand Schedules

A table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices during a specified period.